WDS 2.23% $26.64 woodside energy group ltd

A Lesson in Long Term Investment: Woodside Keeps on Giving, page-53

  1. 4,311 Posts.
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    Rarely in investing is anything a "sure thing". Great balance sheet, management, assets all at a wonderful discount created by fear. Still licking my lips.

    Getting in on WPL post crash was a no brainer. Despite all the tree huggers and investment into "green" tech, the world is still run on gas&oil.

    It's been a little disheartening to see OSH gain more the past few weeks however they also carry more risk with the PNG deal (recently got a spanking from the PNG gov - suspended from trading on their market - however oddly the market didn't seem as concerned as I).

    I hold some hope of management finding some opportunity within the chaos to add even more value here and set 5 year highs in the medium term. Perhaps a little too optimistic, but my conservative target is back to $30 - sooner rather than later.
 
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